Zhejiang Medicines and Health Products Import and Export Co., Ltd, asubsidiary of Zhejiang Grand Glory (Holdings) Co., Ltd, was established in June 1999, based on the former Zhejiang Medicines and Health Products Import and Export Corporation incorporated in 1984. ZMC has a registered capital of RMB 63 millions and 200 employees with a sales volume of RMB 2401.00 millions in 2006.